Question: Can anyone please solve this step by step.On paper with pen. 1. Compute the amount of interest on $835 at 7.5% p.a. from October 8,2019

Can anyone please solve this step by step.On paper with pen.
Can anyone please solve this step by step.On paper with pen. 1.

1. Compute the amount of interest on $835 at 7.5% p.a. from October 8,2019 , to August 4, 2020. (2 marks) 2. How many days will it take for $8500 to earn $689.72 at 8.25% p.a.? (2 marks) 3. What rate of interest is paid if the interest on a loan of $2500 is $96.06 from November 14, 2019, to May 20, 2020? (2 marks) 4. Loan payments of $1725 due today, $510 due in 75 days, and $655 due in 323 days are to be combined into a single payment to be made 115 days from now. What is that single payment if money is worth 8.5% p.a. and the focal date is 115 days from now? (4 marks) 5. What principal will earn $55.99 interest at 9.75% p.a. from February 4, 2017, to July 6,2017? (2 marks) 6. Determine the face value of a four-month promissory note dated May 20, 2018, with interest at 7.5% p.a. if the maturity value of the note is $1190.03. ( 2 marks) 7. Determine the compound discount on $8800 due in 7.5 years if interest is 9.6% compounded monthly. (2 marks) 8. Two debt payments, the first for $800 due today and the second for $600 due in nine months with interest at 10.5% compounded monthly, are to be settled by a payment of $800 six months from now and a final payment in 24 months. Determine the size of the final payment if money is now worth 9.5% compounded quarterly. ( 4 marks) 9. What is the present value of $5900 payable in 15 years if the current interest rate is 7.5% compounded semi-annually? ( 2 marks) 10. An investment with an original value of $11000 is sold for proceeds of $12 950.00. If the investment yield was 5% compounded semi-annually, for how many years was the money invested? (2 marks) 11. An amount of $1400 was invested for 71 months, maturing to $2177.36. What annually compounded rate was earned? ( 2 marks) 12. Determine the effective annual rate of interest equivalent to 5.4% compounded monthly. (2 marks) 13. At what nominal rate of interest compounded semi-annually will $6900 earn $3000 interest in five years? ( 2 marks)

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